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6 tech giants of yesteryear making big comebacks
We’ve already discussed some of the biggest collapses in tech – but hope isn’t always lost. Some of yesteryear’s most prominent tech behemoths are making big headlines in 2015, even after their graves appeared marked. Here are a few that make it feel like 1997 all over again.
Cloud, Make It Rain
Wondering how Microsoft’s stock has quietly climbed 53% over the past two years? First, look to the cloud. CEO Satya Nadella has aimed much of his company’s efforts at the enterprise cloud market, which is raking in revenue of about $6 billion a year. Microsoft’s also taking aim at engineers, announcing middleware that allows developers to port apps over to Windows with ease – in hopes of one day (soon) going toe-to-toe with iOS and Android as a premier app platform. And let’s face it – the HoloLens looks seriously amazing.
Two and a half years after Nintendo’s biggest commercial flop ever – the Wii U – the company has roared back to relevance, thanks in large part to figurines. Amiibo figures, which sell for the equivalent of a New York City burger and can unlock special features on Nintendo gaming devices using near field communication, have been flying off the shelves – Nintendo’s sold over 3.5 million in the U.S. The toys have become so popular, in fact, that the company just apologized for the difficulty in finding certain amiibo.
Nokia may be indestructible after all. Once known for brick-like phones, the company sold its mobile device business to Microsoft in 2013. But they’re eyeing a return to mobileaccording to re/code. The company’s contract with Microsoft – which prevents it from licensing Nokia branded phones – ends next summer, and Nokia Technologies is “staffing up and hard at work on products for next year and beyond.” And yesterday, TechCrunch reported that Facebook is not only using Nokia’s mapping platform, Here, for its web version and native apps, but may be considering buying the platform – its value is an estimated $2 billion.
Video Game Vanguard
How about Atari? Seriously. And while we don’t anticipate Halo to lose market share to Pong anytime soon, we do expect you’ll soon see Atari games sold in capacities other than retro homage. Atari CEO Fred Chesnais, who brought the company out of bankruptcy in 2013, is looking to release everything from an LGBT-themed mobile game to a European casino platform – but a console, according to Chesnais, is not in the making.
On A Roll
Electric cars beware – the defining electric vehicle of our time is alive and well (in China, at least). Chinese Segway competitor Ninebot is planning to buy the electric scooter industry’s original gangster. Fresh off of an $80 million round, Ninebot would make Segway a subsidiary and is sure to crown itself the new Chinese slow-roller dynasty.
On the heels of a huge 2014, which included four million customers added, T-Mobile appears well on its way to another impressive year. However, BGR reports that T-Mobile isn’t exactly stealing much market share from AT&T and Verizon, and is instead cultivating a new customer base out of former small-time carrier users.
(and keep hope alive)
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